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Grocery and Deli Market
For Sale
$250,000

7112 35th Ave, Jackson Heights, NY 11372

Business Opportunity, Jackson Heights, NY

Property SizeContact for details
Days on Market12

Property Features for 7112 35th Ave

General Information

Property type Residential
Property subtype Retail
Rooms Basement
Basement Full, Walk-Out Access, Storage Space, Finished
Standard status Active

Taxes and HOA fees

Tax Year 2026

Building Details

Flooring type Vinyl
Listing Agency: Keller Williams Realty Elite
Listed By: Melissa D. Erul
Added: Oct 8 Changed: Oct 18 Last Checked: Oct 19 at 1:06AM
MLS# 1064035

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This grocery and deli business occupies a street-level space in Jackson Heights. The premises include vinyl flooring and a finished basement with an office, bathroom, and storage area.

The lease has a 9-year term running through September 2033, with a 5-year renewal option. The business reported a 49% gross margin for 2025.

Key Highlights

  • Finished basement includes an office, bathroom, and storage space
  • 9‑year lease term through September 2033, with a 5‑year renewal option
  • Reported 49% gross margin for 2025

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Real Estate Agency Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6,984
Businesses Nearby
259k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Dining 37% Groceries 17% Electronics 3%
Wendy's Dining
32,028 visits/mo 0.3 miles
Super Foodtown Groceries
26,968 visits/mo 0.3 miles
Jollibee Dining
22,496 visits/mo 0.5 miles
Chase Bank Shops & Services
22,417 visits/mo 0.4 miles
Fresh N Save Marketplace Groceries
18,264 visits/mo 0.5 miles

Demographics for 11372, NY

68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Key Food Supermarkets — 61-10 Queens Blvd, Queens, NY 11377
  • SeasonFresh Supermarket — 4510 83rd St, Queens, NY 11373
  • US Supermarket — 82-66 Broadway, Queens, NY 11373
  • Food fair halal meat and fish market — 57-18 Woodside Ave, Queens, NY 11377
  • G Mart — 57-15 Roosevelt Ave, Queens, NY 11377

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A finished basement with office and bathroom space supports additional storage for the neighborhood market.
Where is this grocery and convenience store located?
The property is located at 7112 35th Ave Jackson Heights, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Finished basement includes an office, bathroom, and storage space; 9‑year lease term through September 2033, with a 5‑year renewal option; Reported 49% gross margin for 2025
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